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Trump says U.S. to ban large investors from buying single-family homes

Trump aims to stop Wall Street firms from outbidding families for homes, citing nearly 9% of residential parcels owned by corporations nationwide, largely impacting local markets.

  • On Wednesday, President Donald Trump announced he is taking immediate executive steps to ban institutions from buying single-family homes and will press Congress to codify the change, saying on Truth Social, `People live in homes, not corporations`.
  • In recent years, real estate investors accounted for 33% of U.S. home purchases in Q2 2025, while the administration and local advocates say investors' limited supply purchases raised prices and rents in Jacksonville and Green Bay.
  • Shares of home-owning companies fell sharply Wednesday, with Blackstone shares dropping 5.6%, while the top two dozen single-family rental firms own about 520,000 U.S. homes.
  • Congress will need to take action to make a ban permanent, with Treasury Secretary Scott Bessent clarifying the administration has not fixed the proposal's exact contours.
  • Critics note institutional investors own less than 1% of single-family homes, similar bans have stalled in Congress, yet the idea has bipartisan support including Sen. Elizabeth Warren.
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Krem2 News broke the news in Spokane, United States on Wednesday, January 7, 2026.
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